MOBILE GAMING BEATS PC AND CONSOLE, CLOCKS $69 BILLION IN 2019

As the year 2019 came to close, the Gaming Industry as a whole commanded a very comfortable year-on-year revenue growth of close to 10%. Outliner of this exponential growth of…

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Xiaomi Said to Target as Much as $6.1 Billion in Honk Kong IPO

Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion (roughly Rs. 41,500 crores) from a Hong Kong IPO launching this week, people with knowledge of the matter said,…

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Spending on AR, VR Products and Services to Reach $27 Billion in 2018: IDC

Spending on augmented reality and virtual reality (AR/ VR) products and services is forecast to reach $27 billion (roughly Rs. 1.81 lakh crores) in 2018, a 92 per cent increase year over year, according to…

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UPDATE: Microsoft earnings: Cloud may maintain $600 billion market cap

With market cap higher than $600 billion for first time since dot-com boom, Microsoft depending on commercial cloud offerings As Microsoft Corp.'s market valuation edges above a $600 billion mark…

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Google to Pay Apple $3 Billion to Remain Default iOS Device Search Engine: Report

HIGHLIGHTS Google has increased the amount from $1 billion to $3 billion Google's licensing fees make up a large bulk of Apple's services business iOS devices contribute about 50 percent…

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Xiaomi expects $2 billion revenue from its India business

He said, the company is also expanding its retail presence and after sale service. Meanwhile, the company has launched its new smartphone Mi Max 2 at Rs 16,999. The new…

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Conflict of Clans Developer offered for $eight Billion to Tencent

Chinese language ISP Tencent has completed a deal to buy clash of Clans developer Supercell for the princely sum of $8 billion, creating a huge dedication to the future of…

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